Premier Green Innovations Pvt Ltd (PGI) and Entity 1 Value Emission Pvt Ltd. today announced a strategic collaboration to develop and deploy an innovation-led waste-to-value added products (VAP) platform. The alliance will leverage the advanced Microbial Electrochemical Cell (MECC) technology to convert agricultural, and industrial waste into specific value-added products – ethyl acetate, acetic acid & bio-H2 based methanol for use in the Chemical & Mobility Industry sectors as an additive. The partnership aims to drive energy security, decarbonization, and sustainable waste management across India, with a focus on scalable, modular MECC reactors and envisages an investment of Rs. 500 crores, in 3 years – to build alternative materials to set up a full-scale alternate refinery.
Entity 1's first MECC reactor is now at PGIPL's Kangra site, and work will commence this week for trial production, with the financial agreements signed by the two parties.
Commenting on the alliance, Entity 1's Founder, Dr. Kaushik Palicha said, "Today's announcement marks a pivotal step in redefining Bio-waste as a strategic resource. By integrating advanced MECC reactors with Premier Green Innovations' execution capabilities, we have opened avenues which include H2 and methanol to name a few that can power various industrial sectors in manufacturing and transport sustainably through green initiatives while delivering economic value."
"Premier Green Innovations is committed to accelerating the adoption of innovative green technologies," stated Vikas Gupta, CEO of PGIPL." Our partnership with Entity 1 Value Emission Pvt Ltd., will push the boundaries of what is possible in waste valorization, creating a versatile platform that supports India's energy transition and climate goals."
This alliance will significantly help reduce greenhouse gas emissions and improve municipal and industrial waste management. It also will help in the creation of multi-site, modular manufacturing hubs; diverse revenue streams from gas off-take, chemical sales, and potential IP licensing. Significantly this will help create jobs across planning, construction, operations, and engineering; enhanced energy access and rural development through waste-to-energy infrastructure.
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